Reference no: EM132860148
Pick one of the Big Tech company from the following list: Facebook, Amazon, Apple, Google, Microsoft, Baidu, Alibaba, Xiaomi, Huawei or Tencent. Preferably please pick either Alibaba, or Tencent, if others are picked, please state a reason.
In 2019, Senator Elizabeth Warren wrote: "Today's big tech companies have too much power - too much power over our economy, our society, and our democracy. They've bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. And in the process, they have hurt small businesses and stifled innovation."
(a) Contrast your selected tech giant's business approach with that of traditional (i.e. non-tech/non-digital) business, and illustrate, with detailed examples, how your tech giant's practices and characteristics could indicate that it is not a conventional monopoly as understood by Elizabeth Warren and others.
(b) Examine, with detailed examples, the amount of global and/or domestic competition faced by your tech giant in order to define the limits of its dominance. If you can show that your tech giant faces substantial global and/or domestic competition, you may be able to weaken the case for breaking it up.
(c) Discuss some of the ambitious innovation initiatives that your tech giant is currently pursuing, and explain, with detailed examples, how such initiatives need the scale and efficiency of a tech giant to be successful. If you can show that your tech giant is still innovating aggressively, you may be able to weaken the case for breaking it up.